I was against Biden giving reserves to the market because big oil just sucked it all up and didn't move their production, and with this so called tax holiday, they will again pocket it without question. I don't think there is any wording in there to prohibit the oil greeds from not passing it through.
The only solution to me is to start lawsuits against the oil gods to bring production back to pre covid days. They are still down by more than 5%. The oil barons are only concerned about their exec shareholders and using the profits to buy back stock and pay back any debt that normally would have been a regular longer term plan.
Giving the oil companies the gas reserves didn't do a thing for the people because the oil companies wouldn't let it effect the market. Since it's the oil companies that receive the reserves to prep and distribute the product it would be easy to just hold it and dribble it out which is what I think they are doing.
Some one on here said their gas was down to 4.50? Here in the middle of the country it's still above 5.20.
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